Pfizer cancels Neurocrine deal after delay of insomnia drug

06/22/2006 | TheStreet.com

A week after Neurocrine Biosciences revealed a need for more clinical trials for its long-acting Indiplon, Pfizer said it is canceling its agreement to develop and market the insomnia drug. Pfizer had seen the drug as its entry in the competition against Ambien CR by Sanofi-Aventis and Lunesta by Sepracor.

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